The multimodal AI market offers key opportunities in AI-as-a-Service, facilitating affordable access for SMBs. Generative AI leads in market share, while image and video modalities rapidly grow. Healthcare experiences high CAGR due to AI-driven diagnostics, with North America at the forefront of AI adoption. The multimodal AI market offers key opportunities in AI-as-a-Service, facilitating affordable access for SMBs. Generative AI leads in market share, while image and video modalities rapidly g
In healthcare, the rapid adoption of multimodal AI for diagnostics promises improved accuracy, faster turnaround times, and potentially reduced costs. This requires healthcare providers to invest in the necessary infrastructure and expertise to leverage these technologies effectively, while also navigating regulatory and ethical considerations surrounding AI-driven decision-making in patient care.
Businesses, especially SMBs, should explore AI-as-a-Service options to leverage multimodal AI capabilities without significant upfront investment. Healthcare providers should prioritize incorporating AI-driven diagnostic tools to improve accuracy and efficiency, but will need to carefully consider data privacy and model validation.